PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

Macfarlan Smith Limited pays suppliers in 47 days on average — within its stated 1–90 day terms

CRN SC035640 · Manufacturing · 17 statutory reports on record · period to 30 Jun 2026

47daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 46 days past the shortest term they state (1 days), still within their 90-day upper term.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
1–90 days
Paid outside agreed terms
16% of invoices
Paid after 61+ days
12%
Reporting period
1 Jan 2026 – 30 Jun 2026
Source
their gov.uk filing, filed 28 Jul 2026

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2026 filing

Paid within their stated range — 47 against 1–90 days

The pattern · last 6 of 17 reports

54 → 47 days — getting faster

The read · computed from their figures

Macfarlan Smith Limited's H1 2026 filing puts their average at 47 days against stated terms of 1–90 days; 16% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 28 Jul 2026.

The direction is faster: from 54 days in H2 2023 to 47 now — 7 days faster across their last 6 reports.

On the latest reported averages: Slower than 53% of the 977 large companies reporting in manufacturing.

That is 17 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Currently, we do not have standard payment terms across our business. There is a wide range of payment terms offered by, and negotiated with, our suppliers.

Dispute resolution

Payment disputes are typically initially referred to the finance function, who will try to resolve them by agreement through discussion with the supplier. If resolution cannot be reached within a reasonable period, the matter will typically be escalated to the procurement function, who will try to reach resolution by agreement through further discussion with the supplier. As necessary, appropriate further dispute resolution mechanisms provided for in the contract will be used (i.e. reference to mediation, arbitration or litigation).

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20264716%12%28 Jul 2026
H2 20254221%10%27 Jan 2026
H1 20254221%18%25 Jul 2025
H2 20244221%9%27 Jan 2025
H1 20244413%13%12 Nov 2024
H2 20235432%23%12 Nov 2024
H2 20235127%22%30 Oct 2023
H1 20235530%26%27 Apr 2023
H2 20224524%18%27 Oct 2022
H1 20224322%14%29 Apr 2022
H2 20214527%19%29 Oct 2021
H1 20214628%19%30 Apr 2021
H2 20204930%22%30 Oct 2020
H1 20204520%14%30 Apr 2020
H2 20194216%12%30 Oct 2019
H1 20194422%15%30 Apr 2019
H2 20184418%14%30 Oct 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
12 Sept 1960
Registered office
WHEATFIELD ROAD, EDINBURGH, EH11 2QA
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 47-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 47-day vs a 1-day payment cycle.

≈ £18,500
of invoicing outstanding at any one time on a 47-day cycle — about £18,100 more than the same account would carry at 1-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Macfarlan Smith Limited

Are they getting slower or faster?
Their reported average has moved about 7 days faster over the window (54 → 47 days).
What's their typical pay point?
Their latest filed report puts the average at day 47; across their last 6 reports it ranged 42–54 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
Share

Stay ahead

Watch Macfarlan Smith Limited (free)

Their next payment report is due ≈ 26 Jan 2027. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in manufacturing

Macduff Shellfish (Scotland) Limited · Macphie Limited · Macdonald & Muir Limited · Macron Safety Systems (UK) Limited · Macdermid Autotype Limited · Mactaggart, Scott & Company Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-SC035640 · latest period to 30 Jun 2026

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.